Bitcoin Gained $1,000 in Twenty Minutes, While Solana and Ethereum Hit New Milestones!
TL;DR
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Bitcoin just had a violent uptick in price, cracking $28k (and reaching a two-month high) within a twenty minute period.
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The total value locked in Solana just hit $338M, which is the highest it has been all year.
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Ethereum Future ETFs just started trading in the US for the first time!
Full Story
Here’re three pieces of news that are good on their own, but even better together…like an all-in-one scoop of Neapolitan Ice Cream.
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Bitcoin just had a violent uptick in price, cracking $28k (and reaching a two-month high) within a twenty minute period.
(See header image ☝️).
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The total value locked in Solana just hit $338M, which is the highest it has been all year.
(Remember when everyone thought Solana was dead in the water after FTX collapsed!? This sort of proven resilience is exciting to see!).
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Ethereum Future ETFs just started trading in the US for the first time!
These aren’t the ‘spot’ ETFs we’ve all been waiting for (where buying an ETF share = buying Ethereum), instead they’re a way for investors to bet on the future price of Ethereum, without actually buying Ethereum. It’s all a bit of a snooze fest if you’re not a trader – but for the rest of us, the exciting part is this: A futures ETF brings us one step closer to a spot Ethereum ETF (where buying an ETF share = buying Ethereum).
Man, this is exciting!!
If anyone needs us we’ll be practicing karate in the garage, trying to burn some of this excess energy off.
